# PPP loan: PROMISE LAND CONSTRUCTION
> **$350K** approved 03/24/2021 · Charged Off · Loan `7933018607`
## Borrower
- **Name:** PROMISE LAND CONSTRUCTION
- **Address:** 1729 Jennifer Ln, Houston, TX, 77029-2951
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $350K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*